Tax News - Emigrate UK

This is the category page for all Tax news here on emigrate.co.uk, where you can view all the Tax emigration news.

Brit expats renting out UK homes can now claim business rate relief and grants

Brit expats renting out UK homes can now claim business rate relief and grants
British expats living overseas and renting out their UK properties as holiday lets can now claim bounce-back loans as well as business rate relief. The loosening of regulations on hospitality businesses falls under Britain’s recently announced coronavirus financial rescue package aimed at protecting landlords and SMEs serving the...

Expats warned over financial pitfalls of reassignment to the UAE

Expats warned over financial pitfalls of reassignment to the UAE
If you’re a Brit heading to the Middle East on reassignment or after receiving the job offer of your dreams, your new situation will need consideration as regards tasks to be done before and just after you arrive. Taking care of your financial situation isn’t just about how much salary you’ll be receiving in your new job, as there...

Expat IFA businesses in the Caymans in for a shock

Expat IFA businesses in the Caymans in for a shock
The Cayman Islands are now heading for an EU blacklist after a failure to stem tax abuse. Both the British Virgin Islands and the Caymans were grey-listed last year due to companies claiming tax advantages although they had little or no economic presence on the islands. As a result of failures to address the situation, the EU has now...

Isle of Man extends its expat relocation initiative for another year

Isle of Man extends its expat relocation initiative for another year
If a career on the Isle of Man seems an attractive proposition, the 2019 relocation incentive has been extended for another year. The programme, known as the National Insurance Holiday Scheme, was originally set up to support employers’ recruitment efforts as well as to increase the population on the island and will now run until the...

New survey marks Philippines as best location for expat retirees

New survey marks Philippines as best location for expat retirees
The Philippines is now officially rated as a great place to retire. If you’re looking for a Southeast Asian retirement hub where English is the official language, the cost of living is cheap and the people are genuinely friendly, the Philippines could well be your perfect choice. Already popular with older expats, this stunning...

British expats in Portugal to lose their tax exemptions

British expats in Portugal to lose their tax exemptions
British expats living, working or retiring in Portugal are set to lose their tax-free status due to new government rules. As a result of a new amendment to Portugal’s 2020 budget, the foreign revenue brought in by British expats in the country will be taxed at 10 per cent. The new rule will not affect those who arrived in the country...

New Year brings new laws for expat businesses in Czech Republic

New Year brings new laws for expat businesses in Czech Republic
As it is every New Year in the Czech Republic, expats with businesses or working in the country will need to take note of a raft of new rules. This new year, as usual, the set of new laws and regulations cover all businesses and workers in Prague and the wider republic, and include varied topics including a minimum wage boost and new ways...

Renovating a historic home in Italy attracts expat tax breaks

Renovating a historic home in Italy attracts expat tax breaks
If you’re taking on a job in Italy, paying tax and would love to get a quaint weekend or holiday home in the hills at a bargain price, this is for you. There’s been a lot online recently about properties in Italy needing total renovation and being sold for practically nothing as a result, but they rarely suit the needs of expats...

British expat retirees losing millions via rogue offshore IFAs

British expat retirees losing millions via rogue offshore IFAs
Pensions scams by rogue IFAs are still wrecking expat lives in Spain and many other expat retiree destinations. The latest scandal involves the mis-selling of QROPs pension transfers and has resulted in those who’ve lost all their life savings now being chased by the UK taxman, even although they weren’t aware they were breaking the...

How China’s new personal income tax laws affect expat professionals

How China’s new personal income tax laws affect expat professionals
If you’re heading to China in the near future, you’ll need to know how the recently-introduced personal tax residency changes will affect your financial bottom line. The new individual income tax rules in China are now affecting the way in which expat tax residency is determined. The recently-introduced law impacts expat residents in...